London-based private equity firm Cinven is planning to raise a record pool of capital for its seventh buyout fund.

Cinven is seeking to raise as much as 8 billion euros ($9.3 billion) for the seventh buyout fund.

The fundraising could start as soon as this year.

Recently, Cinven acquired AXA Life Europe, an Irish unit-linked insurance investments company, for $1 billion, in a deal which represents the twelveth investment by the sixth Cinven fund.